hi everybody,
thanks for you help in the past. I've got a few questions on taxes that we would owe when we make a final move to Canada
we did our landing back in Feb 2018 and plan to move in the next 5-6 months.
1. Is it true that if we dont make a final move within 12 months of the landing, we pay taxes on the money that we take along?
If the above is not true, under what situation would we end up paying extra taxes on our savings earned in US?
2. Would it make a difference if we sell our house before our move or after we move?
Thanks a lot
VianB
thanks for you help in the past. I've got a few questions on taxes that we would owe when we make a final move to Canada
we did our landing back in Feb 2018 and plan to move in the next 5-6 months.
1. Is it true that if we dont make a final move within 12 months of the landing, we pay taxes on the money that we take along?
If the above is not true, under what situation would we end up paying extra taxes on our savings earned in US?
2. Would it make a difference if we sell our house before our move or after we move?
Thanks a lot
VianB